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Listed by Erich M Reichenbach • Marcus & Millichap Real Estate Investment Services, Inc.
$ 3,050,000
Est. payment | /mo
1,100 Beds
2 Baths
6,365 SqFt
$ 3,050,000
Est. payment | /mo
1,100 Beds
2 Baths
6,365 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,365 sqft
Price per Sqft $479
MLS Listing ID 324073993
Bedrooms 1100
HOA Y/N No
Year Built 1943
Lot Size 10,454 Sqft
Property Description
The property is comprised of 10 units across four adjacent two-story buildings. The first building includes five one-bedroom units, the second building includes four one-bedroom units, the third building includes one two-bedroom unit and the fourth building includes a one-bedroom unit. The building offers 5 attached parking garages as well as off street parking for all units. Located in one of the most desirable neighborhoods in Berkeley, near the 4th St shopping center and North Berkeley BART Station the property is a great investment opportunity for a new owner. With Berkeley's strong rental demand and limited housing supply, this property is well-positioned to provide consistent returns. Its desirable location, combined with the recent upgrades and superior parking amenities, ensures that it will remain attractive to tenants for years to come, offering investors both stability and growth in a competitive market.
Location
State CA
County Alameda
Area Berkeley Map Area 5
Interior
Heating Wall Furnace
Cooling Other
Exterior
Garage Covered, Garage, Off Street
Garage Spaces 10.0
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition Offer As Is
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Milli Cannata
Broker Associate | Lic# DRE# 01990936